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11/9/11

USA: While Wall Street Parties - Extreme Poverty Is Now at Record Levels -- 19 Statistics About the Poor That Will Absolutely Astound You

According to the U.S. Census Bureau, a higher percentage of Americans is living in extreme poverty than they have ever measured before. In 2010, we were told that the economy was recovering, but the truth is that the number of the "very poor" soared to heights never seen previously. Back in 1993 and back in 2009, the rate of extreme poverty was just over 6 percent, and that represented the worst numbers on record. But in 2010, the rate of extreme poverty hit a whopping 6.7 percent. That means that one out of every 15 Americans is now considered to be "very poor".

For more: Extreme Poverty Is Now at Record Levels -- 19 Statistics About the Poor That Will Absolutely Astound You | | AlterNet

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